Huntsman (HUN) Share Value Rose While Swift Run Capital Management Has Cut by $940,329 Its Stake; Altria Group (MO) Holder Motco Raised Position

February 14, 2018 - By Louis Casey

Tim Mullen decreased its stake in Huntsman Corp (HUN) by 6.54% based on its latest 2017Q3 regulatory filing with the SEC. Swift Run Capital Management Llc sold 34,827 shares as the company’s stock rose 25.16% with the market. The hedge fund run by Tim Mullen held 497,486 shares of the major chemicals company at the end of 2017Q3, valued at $13.64M, down from 532,313 at the end of the previous reported quarter. Swift Run Capital Management Llc who had been investing in Huntsman Corp for a number of months, seems to be less bullish one the $7.81 billion market cap company. The stock increased 1.62% or $0.52 during the last trading session, reaching $32.53. About 594,842 shares traded. Huntsman Corporation (NYSE:HUN) has risen 91.88% since February 14, 2017 and is uptrending. It has outperformed by 75.18% the S&P500.

Motco increased its stake in Altria Group Inc. (MO) by 49.13% based on its latest 2017Q3 regulatory filing with the SEC. Motco bought 34,994 shares as the company’s stock declined 2.84% while stock markets rallied. The institutional investor held 106,227 shares of the farming and seeds and milling company at the end of 2017Q3, valued at $6.74 million, up from 71,233 at the end of the previous reported quarter. Motco who had been investing in Altria Group Inc. for a number of months, seems to be bullish on the $124.88 billion market cap company. The stock increased 0.06% or $0.04 during the last trading session, reaching $65.68. About 2.89M shares traded. Altria Group, Inc. (NYSE:MO) has risen 11.92% since February 14, 2017 and is uptrending. It has underperformed by 4.78% the S&P500.

Analysts await Huntsman Corporation (NYSE:HUN) to report earnings on February, 21. They expect $0.63 EPS, up 110.00% or $0.33 from last year’s $0.3 per share. HUN’s profit will be $151.20 million for 12.91 P/E if the $0.63 EPS becomes a reality. After $0.67 actual EPS reported by Huntsman Corporation for the previous quarter, Wall Street now forecasts -5.97% negative EPS growth.

Investors sentiment decreased to 0.91 in Q3 2017. Its down 0.15, from 1.06 in 2017Q2. It fall, as 31 investors sold HUN shares while 112 reduced holdings. 48 funds opened positions while 82 raised stakes. 159.36 million shares or 0.11% more from 159.18 million shares in 2017Q2 were reported. Regions Corporation stated it has 25,252 shares or 0.01% of all its holdings. Guggenheim Capital Ltd Llc has 0% invested in Huntsman Corporation (NYSE:HUN). Zurcher Kantonalbank (Zurich Cantonalbank) owns 7,863 shares. State Of Wisconsin Inv Board holds 0.04% in Huntsman Corporation (NYSE:HUN) or 469,378 shares. Pnc Fincl Svcs Gru owns 0% invested in Huntsman Corporation (NYSE:HUN) for 51,810 shares. Cibc World Inc has 409,246 shares for 0.05% of their portfolio. Azimuth Capital Mgmt Llc invested in 24,000 shares or 0.05% of the stock. Moreover, Ubs Asset Management Americas has 0% invested in Huntsman Corporation (NYSE:HUN) for 194,599 shares. The United Kingdom-based Gsa Capital Prtn Llp has invested 0.06% in Huntsman Corporation (NYSE:HUN). Swift Run Cap Mngmt stated it has 7.2% of its portfolio in Huntsman Corporation (NYSE:HUN). Brandywine Glob Investment Mgmt Limited Liability Com accumulated 274,617 shares or 0.05% of the stock. Us Savings Bank De holds 0% or 54,331 shares. Moreover, Highvista Strategies Ltd Liability has 1.48% invested in Huntsman Corporation (NYSE:HUN) for 236,805 shares. Farallon Capital Mngmt Ltd Liability Co, California-based fund reported 3.50 million shares. Private Advisor Group Inc Limited Liability holds 0.02% or 24,408 shares.

Among 13 analysts covering Huntsman Corporation (NYSE:HUN), 12 have Buy rating, 0 Sell and 1 Hold. Therefore 92% are positive. Huntsman Corporation had 38 analyst reports since August 3, 2015 according to SRatingsIntel. TheStreet downgraded the stock to “Buy” rating in Tuesday, August 11 report. The rating was upgraded by KeyBanc Capital Markets to “Overweight” on Monday, July 24. KeyBanc Capital Markets maintained Huntsman Corporation (NYSE:HUN) on Thursday, October 15 with “Overweight” rating. On Friday, April 28 the stock rating was maintained by Nomura with “Buy”. The firm has “Buy” rating by Jefferies given on Thursday, July 13. Jefferies maintained the shares of HUN in report on Monday, August 28 with “Buy” rating. The firm has “Neutral” rating by Goldman Sachs given on Monday, December 12. The stock has “Neutral” rating by JP Morgan on Tuesday, October 20. Nomura maintained Huntsman Corporation (NYSE:HUN) on Tuesday, September 19 with “Buy” rating. The company was maintained on Monday, November 6 by Alembic.

Investors sentiment decreased to 0.89 in 2017 Q3. Its down 0.02, from 0.91 in 2017Q2. It worsened, as 91 investors sold MO shares while 516 reduced holdings. 118 funds opened positions while 420 raised stakes. 1.17 billion shares or 0.77% more from 1.16 billion shares in 2017Q2 were reported. Veritas (Uk) Ltd stated it has 17,860 shares or 0.4% of all its holdings. 2.48M were accumulated by National Bank Of Montreal Can. Cadence Management stated it has 0.82% in Altria Group, Inc. (NYSE:MO). Federated Invsts Pa owns 14.23M shares. British Columbia Inv Mgmt Corporation holds 0.46% of its portfolio in Altria Group, Inc. (NYSE:MO) for 944,388 shares. Robeco Institutional Asset Bv holds 0.73% or 1.86M shares. Glenview State Bank Dept holds 0.32% of its portfolio in Altria Group, Inc. (NYSE:MO) for 10,274 shares. Holderness Investments Com holds 0.28% or 8,526 shares in its portfolio. America First Invest Limited Company owns 413 shares. Insurance Co Tx has invested 1.06% in Altria Group, Inc. (NYSE:MO). Cliftonlarsonallen Wealth Advisors Ltd Liability Co stated it has 0.13% of its portfolio in Altria Group, Inc. (NYSE:MO). Swiss Natl Bank holds 0.6% or 8.27M shares. The Massachusetts-based Excalibur Management has invested 0.72% in Altria Group, Inc. (NYSE:MO). Fred Alger holds 69,732 shares or 0.02% of its portfolio. Guyasuta Investment Advisors has invested 0.14% in Altria Group, Inc. (NYSE:MO).

Motco, which manages about $976.26M US Long portfolio, decreased its stake in Ibm (NYSE:IBM) by 2,488 shares to 20,132 shares, valued at $2.92M in 2017Q3, according to the filing. It also reduced its holding in Boeing Company (NYSE:BA) by 21,098 shares in the quarter, leaving it with 672 shares, and cut its stake in Thermo Fisher Scientific Inc (NYSE:TMO).

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